PR News | On the Move: GCI Health Picks Petigrow for Chief Growth Officer odwyerpr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from odwyerpr.com Daily Mail and Mail on Sunday newspapers.
Credit: fdecomite, CC BY-SA 2.0/ WikipediaAn innovative shipping platform that can predict where ships might go, created by the Greek ship management company Signal Group, was recently granted a coveted US patent.The system, called the Signal Ocean Platform, uses a complicated algorithm which predicts where a particular vessel may travel up to the next 40…
Credit: fdecomite, CC BY-SA 2.0/ WikipediaAn innovative shipping platform that can predict where ships might go, created by the Greek ship management company Signal Group, was recently granted a coveted US patent.The system, called the Signal Ocean Platform, uses a complicated algorithm which predicts where a particular vessel may travel up to the next 40…
Signal s AI-Drive Forecasting Algorithm Receives US marinelink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marinelink.com Daily Mail and Mail on Sunday newspapers.
Clean product tanker rates on US bound trade almost doubles after pipeline attack
The closure of the Colonial pipeline which runs from the US Gulf to the US East Coast, has caused a spike in oil product tanker rates on trades to and from the region. Earnings on the Rotterdam to New York trade for a Handysize tanker capable of carrying about 280,000 barrels of oil, jumped from USD 5,591 per day on 7 May to USD 10,833 on 10 May. This is because gasoline is in high demand and gas stations are being emptied by consumers worried about supply.
An even more impressive increase came on the US Gulf to North Europe trade where rates rose from negative USD 65 per day on 7 May to USD 8,118 per day on 10 May.